Skip to Content
author's profile photo Former Member
Former Member

Multiple Bank accounts for Vendor

Hi

We have a vendor with two bank accounts in the vendor master. Now while making the payment, how does it work. I mean, which account will the money goes? I'm not sure of the financial transactions and whether we'll have the option to choose between the account before paying?

Thanks

Madan

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • Best Answer
    Posted on Feb 21, 2008 at 01:31 PM

    hi Madan,

    you can 'name' the bank accounts in the vendor master, in the field Bank Type ayou can enter up to four characters to make differenciation. By posting you can insert this code into the line item, and the payment program will pick up the bank account accordingly. If you don't add this information to the bank account, than always the first bank account will be picked up.

    hope this helps

    ec

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.